Blacksburg VA Investment PropertyMany of the business real estate opportunities as well as residential projects stem out of the presence of Virginia Polytechnic Institute and State University (better known as Virginia Tech). Each year, the university has about 27,000 students enrolled, on a town with a total population of 39,573 according to the 200 census. This means that much of the businesses that establish here are either trying to employ the Virginia Tech students, or are catering to their specific needs. It is probably a good idea to keep an eye on the economic trends in the city when considering investment. Also, the town works in cooperation with the Montgomery County Economic Development office and the New River Valley Economic Development Alliance to recruit new industries to Blacksburg and the surrounding region. To get an insight track on these developments, you can always contact the Assistant Town Manager at (540) 961-1130 or contact any of the co-operating associations. The town also has a pretty good economic overview on their official webpages at www.blacksburg.gov/economic.php The last time I checked, there were around ten bigger real estate companies operating in the area, including Remax. Using a realtor to find investment opportunities might be a good idea, although you dilute your potential profit from the deal by the amount used on her fees. |